Request for Proposal for Interest Rate Swap Valuation and GASB 53 and GASB 72 Compliance Reporting

This solicitation seeks proposals from qualified firms to provide swap valuation services and ensure compliance with GASB 53 and GASB 72 standards for the County’s interest rate swaps over a three-year period. The scope includes performing swap valuation, evaluating the effectiveness of GASB 53, and delivering fair value valuations and reporting in accordance with GASB 72. The contract is not an order but a competitive process aimed at selecting a capable vendor to support the County’s financial reporting and compliance requirements related to interest rate swaps. The RFP was issued on March 18, 2024, with a deadline for responses set for April 16, 2024. It is managed by the California Department of Finance, under the State and Local Government (SLED) category, and is open to firms with expertise in financial valuation and GASB standards. The primary point of contact is David Matuskey, who can be reached via email or phone for inquiries. The project emphasizes the importance of accurate valuation and compliance reporting to support the County’s financial transparency and regulatory adherence.